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Libra's shaky membership FUD / Crypto In A Congressional Race / Why BTC volume is growing in Hong Kong

Libra's shaky membership FUD / Crypto In A Congressional Race / Why BTC volume is growing in Hong Kong

FromThe Breakdown


Libra's shaky membership FUD / Crypto In A Congressional Race / Why BTC volume is growing in Hong Kong

FromThe Breakdown

ratings:
Length:
18 minutes
Released:
Oct 2, 2019
Format:
Podcast episode

Description

Libra is back in the spotlight after the WSJ published reports that Visa, Mastercard and others are getting cold feet after the chilly reception from regulators around the world. David Marcus took to Twitter to defend the project, while simultaneously creating a narrative line to pickup should those companies abandon the Libra Association. A challenger to Nancy Pelosi is discussing how cryptos can be used to break the power monopolies of big tech, while a new advocacy organization is taking on what they call the CA bitlicense. Finally, volume on LocalBitcoins in Hong Kong is up more than any time since the 2017 boom amidst heightened protests. The question is: who's buying?  Watch: https://www.youtube.com/nathanielwhittemorecrypto
Released:
Oct 2, 2019
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.